Delek US (DK) to Release Earnings on Tuesday

Delek US (NYSE:DK) is expected to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of ($1.53) per share and revenue of $2.58 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Delek US Trading Up 4.6 %

Shares of NYSE:DK opened at $18.24 on Tuesday. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.04 and a quick ratio of 0.67. Delek US has a 1 year low of $15.36 and a 1 year high of $33.60. The company has a market cap of $1.15 billion, a P/E ratio of -3.75 and a beta of 1.20. The stock’s fifty day moving average price is $18.26 and its 200-day moving average price is $18.81.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Mizuho dropped their price target on shares of Delek US from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. JPMorgan Chase & Co. lifted their target price on shares of Delek US from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Wells Fargo & Company lowered their price target on Delek US from $18.00 to $16.00 and set an “underweight” rating on the stock in a report on Monday, December 9th. Finally, Wolfe Research raised Delek US from an “underperform” rating to a “peer perform” rating in a report on Friday, January 3rd. Five equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $21.00.

About Delek US

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal.